United Furniture Industries said it will use a former Linwood Furniture plant in North Carolina for distribution of its imported residential furniture products. The estimated 400,000-square-foot facility will be used for storage and distribution of bedroom and casual dining room furniture kits from Malaysia and Vietnam, to be sold under the Simmons brand.
Residential furniture makers La-Z-Boy and Nova LifeStyle offered an upbeat forecast during their earning call, but office and contract funriture comglomerate HNI (Hon, Allsteel, etc.) is anticipating a slowdown on the horizon. A new ERP computer system at La-Z-Boy "helped us achieve a 12.1% operating margin," says its CEO.
Woodworking Network Editor's Choice highlighted projects in 2015 ranged from unique and innovative to cool and inspiring. Top picks include a cocoon-like design for office furniture, a 50,000-year old Kauri table and a kinetic wave cabinet.
The grand opening ceremony of the Sudoma sawmill was held on November 14, 2015 in the village of Dedovichi, Pskov region in Russia The Sudoma sawmill manufactures high-quality finish materials: thermo-treated and impregnated timber and profiled goods.
Window and door giant JELD-WEN named Mark A. Beck President and CEO effective November 30, 2015. Kirk Hachigian, who is currently in these roles, will continue as Executive Chairman of the Board for the $3.5 billion company.
Hexion Inc. has recently announced an expansion of its waterborne epoxy resin production capacity in Tianjin, China. The project, which will take advantage of the most modern technologies including a new reactor